Torrent Group acquires 67% stake in Gujarat Titans

IMAGE: The acquisition marks Torrent Group's foray into India's rapidly growing sports sector. Photograph: Kind Courtesy Gujarat Titans/X Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans ahead of the start of a new season of the popular T20 cricket league. Torrent's purchase of 67 percent in Gujarat Titans (Irelia Sports India Pvt Ltd) from Irelia Company Pte Ltd - currently fully owned by private ...